House prices could fall by 11pc, predicts Coutts – Her Majesty the Queen’s bank – as it turns bearish about the property market. While there are only two types of ‘expert’ when it comes to predicting house prices – those who don’t know and those who don’t know they don’t know – Coutts’ analysis is more methodical than most.
The bank considers five factors to assess the prospects for house prices – economic activity, valuation, liquidity, risk and momentum – and reckons that the negatives currently outweigh the positives for UK residential property...............................................Full Article: Source